Sphere Resources Inc.

Sphere Resources Inc.

July 22, 2011 11:41 ET

Sphere Resources Inc. Commences 2700m Drill Program on Its Dome Project at Red Lake, Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 22, 2011) - Sphere Resources Inc. ("the Company"), NEX Board of the TSX Venture Exchange (TSX VENTURE:SPH.H), is pleased to make the following announcement:

The Company as the Operator of the project and Duncan Park Holdings Corporation (TSX VENTURE:DPH) ("DPH"), have engaged Chibougamau Diamond Drilling Ltd. of Chibougamau, Quebec, a highly respected drill contractor in the Red Lake gold camp to conduct diamond drilling operations on its Dome Project which comprises the Dome Claims and McManus Patents at Red Lake, Ontario, commencing early August.

The Company's Geologist, Mr. Gordon Yule and Abitibi Geophysics made a presentation to the Company and DPH last month, the contents of which were reported in the press release of June 20, 2011. Based on this presentation Mr. Yule recommended an initial drilling program of 2700m to drill three holes into the south-eastern Dome claims followed by six holes into the abutting, more northern McManus Patents.

The drilling on the Dome Claims is intended to explore the potential for gold mineralization associated with a chargeability anomaly 300 meters in strike length by 75 meters in width, identified by the Abitibi geophysical work. Two other IP generated anomaly targets will also be drill tested.

The drilling in the McManus Patents will initially test for gold mineralization along a sulphide-bearing structural zone at the contact between the Howey Diorite and mafic volcanic rocks within the NW trending Chukuni deformation zone, to be followed by holes to test other targets identified by the geophysical report more fully described in the Company's press release of June 20, 2011. Initial drill results should be available by early October, 2011.

Mr. Gord Yule, P.Geo., a Qualified Person within the meaning of NI 43-101, has reviewed the contents of this news release.

For further important details of the Red Lake gold camp, please go to the Company's website at www.sphereresources.com.

About Sphere Resources Inc.

Sphere Resources Inc. is focused on identifying and appropriating exploration targets and other high quality assets in major global mining camps with a particular emphasis on precious metals. It is currently involved in exploring for gold mineralization in the Red Lake District of Ontario and in Nevada, USA.

On behalf of Sphere Resources Inc.

Malcolm L Stevens, Executive Chairman and President

Neither NEX Board of the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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